Plus500 Managing Director Gal Haber to Step Down

​Israel-based online CFD broker Plus500 announced that its Managing Director Gal Haber has decided to step down with immediate effect. 

Being one of the company’s co-founders, Mr Haber will be in the role of Advisor to provide consultancy services.

The broker noted that its Board is carrying out a selection process, with a view to recruiting additional non-executive directors, to broaden the range of the Board's experience and continue to diversify the composition.

As seen on his Linkedin profile, Mr Haber has spent more than 12 years at Plus500. He has been served as Chief Excutive Officer since 2008. Then in May 2016, he moved to his most recent role as Managing Director. Over the course of his career, Mr Haber has also worked at InterLogic Ltd, Casiopea Group Ltd and Top Image Systems Ltd.

Penny Judd, Chairman of Plus500, said:"The Board would like to thank Gal for his significant contribution to the establishment and development of Plus500, since the Company's inception in 2008. Gal played a pivotal role as CEO in leading Plus500 through a successful IPO in 2013. We wish Gal well for the future and we look forward to working with him, on a consultancy basis, going forward."